Maruti Suzuki is a leading company in Indian automobile export market. Maruti has a strong connectivity over 100 countries. This company has been actively exporting vehicles since 1986-87 and continuously increasing its shipments over the year. Company’s top export markets include South Africa, Saudi Arabia, Chile, Mexico, The Philippines, Indonesia, and Ivory Coast.
Popular export models include the Baleno, Dzire Swift, S Presso, Grand Vitara, Jimny, Celerio, and Ertiga.
Aims & Achievement in FY2025
Company has increased the exports from 2,83,000 units in FY2024 and this is the part of company’s overall plan to sell 2 million vehicles in FY2024 and continuously aims to exports 3,00,000 units in the fiscal year 2024-25. With this target company has set a another goal of 7.5 to 8 lakh units by 2030.
Over the time company has already made significant progress in exports for the first half of FY2025. The company shipped 1,47,063 units with a 12% year-to-year increase. This achievement helpful to company for maintain its position as India’s top passenger vehicle exporter for the fourth consecutive fiscal year.
Top Export Models
- 1. FRONX Compact SUV :
Newest launched car by Maruti Suzuki and this is recently launched in Japan with AWD and ADAS tech. This car available in total 10 colours.
- 2. Grand Vitara :
This is also a compact SUV and contains duel airbags service with comfortable ride.
- 3. Brezza SUV :
This SUV has a Dual-tone exterior colour options and Panoramic sunroof. The car has a hill hold assist.
Market Share and Competition
Maruti Suzuki’s export growth is notable, considering the company’s domestic market wholesales were down 3% year-over-year in the April-September 2024 period. Hyundai Motor India and Volkswagen India are among Maruti’s competitors in the export market, with Hyundai retaining the second spot despite a 1% drop in exports. Volkswagen, however, moved up to the third position with a 74% increase in exports.
Here’s a breakdown of the top car brands in India by market share:
- Maruti Suzuki: 40.40%
- Hyundai: 14.20%
- Mahindra & Mahindra: 14.20%
- Tata Motors: 11.40%
- Toyota Kirloskar: 6.60%
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